PPP Loan information for Select technology

$219,087

Select technology was initially approved for PPP Loan of amount $219,087, the current approved amount is $219,087. The loan was approved on 04/10/2021 by The Eastern Bank reported 11 jobs and $219,087 was used to fund payroll.

Select technology is Existing or more than 2 years old

SELECT TECHNOLOGY

Date Approved

04/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SELECT TECHNOLOGY

Borrower Address

56 Pulaski St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-1888

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219087.00

Current Approval Amount

219087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-1888

CD

MA-06

Jobs Reported

11

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

219082.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

220766.67

Forgiveness Date

01/18/2022

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